Amerisur Resources Share Discussion Threads

[foiledagain] 19/7/2019 09:33

So all the share price shenanigans are explained in my opinion.

Driven the price through the floor and then a sale process, with interested non binding arrangement.

Not surprised

[rollthedice] 19/7/2019 09:32

Oh er... strategic review / possible sale of company or assets RNS

Interesting, and immediate reaction in share price ..

[d1nga] 19/7/2019 09:32

Oxy buy out?

[mirabeau] 19/7/2019 09:32

Takeover offer

[davwal] 19/7/2019 09:24

One Occidental well produces 22/23,000 bopd. Let’s hope they can sprinkle some fairy dust on Amer’s future opps.

[paradores] 19/7/2019 08:52

The shale 'miracle' has run its course. Imminent quarterly results will make for bleak reading.
Small/medium-sized independents won't be able to obtain funds required to sustain ops. Distressed assets will gradually be acquired by big oil, who will then [over time] collude to control production and move the price back to more profitable levels.
Current game is transitory.

Rig count in 2H will continue to fall. Also likely to see further caps on flaring in the Permian.

[yasrub] 19/7/2019 08:10

Brilliant find xxnjr.

[retailronnie] 19/7/2019 07:54

Great find xxnjr. And plat numbers tie up with OBA numbers so confirms that OBA numbers don't include 3rd party oil.

[kaos3] 19/7/2019 07:36

I think Saudi is getting dry - hence Yemen, Iran, shale tech, ARAMCO sale ... - in time to come

many signs are there

dry - meaning less oil, more water, dry for US dollar purchases (why accepting inflated paper - yuan is much better currency....)

[fadilz] 19/7/2019 07:31

.. and that site gives is total numbers for Platanillo!!

[fadilz] 19/7/2019 07:26

fantastic xxnjr - who needs company announcements! Mariposa has so far produced 1.7m. Interesting to see if they revise reserves for this.

Interestingly, I just re-read some of their announcements and spotted what I had not seen before re Mariposa: OWC rose only 10ft after producing over 1MMBO. Total column is 120ft. You can't extrapolate without knowing the vertical shape of the reservoir of course, but we could reasonably expect several more years of production.

[xxnjr] 19/7/2019 00:50

Extremely useful Monthly Production Report by Field, from the horses mouth:-



It's updated monthly, with a delay of about 6 to 8 wks.

Field performance of Mariposa and Indico both look robust so far.

[xxnjr] 19/7/2019 00:42

Is it not tother way round?
Sanctions are a deliberate attempt to manipulate the oil price up.
That way US can produce more oil than would otherwise be the case.



Bit of a blip in last weeks US numbers though.

[tyler durden1] 18/7/2019 23:37

US has three main choices. Admit shale is a deliberate attempt to manipulate downwards oil price
Agree a deal with Iran which won't add a barrel of oil to world production as sanctions or no sanctions countries are buying it.

or more likely start a war (another war), in the Middle East or Venezuela to gain their oil.

When this farce that is shale is out of the way, which will be sooner rather than later, there will be a shortage of viable oil as the current 7,000,000bbls of shale oil is no longer on the scene which is a very good reason why the US tries so hard to sell the glut story along with pushing EV's irrespective of the real resource cost.

With forecast demand in the region of 100,000,000bbls a day even with shale it will be struggle. Without it, its a massive shortfall.

[moneylender] 18/7/2019 21:04

US shoots down Iranian drone. Things are warming up out there!

[fatgreek] 18/7/2019 20:15

It does look like someone's building a stake......

[willec1979] 18/7/2019 20:11

Was that 16:38hrs trade a buy or sell? As came read - if it was a buy and by a director I feel positive news next week and headed quickly towards the 20p mark. Remember when we hit 20p we were not in such a good position as we are today. Oil around $61.98pb

[juuunx2] 18/7/2019 19:29

Yes that is true had not thought of that.

[xxnjr] 18/7/2019 19:21

late trade just popped up
1,250,000 @ 12.05p 16:38hrs

[xxnjr] 18/7/2019 17:18

juuunx2,

Was thinking "surely not" with Sol-1 and Plat-sidetrack imminent?, OTOH last November the D's bought approx 15 days before Indico result. Although 2 days after OXY farm out.

[juuunx2] 18/7/2019 16:43

Maybe some more director purchases??

[xxnjr] 18/7/2019 16:40

And another 827,000 @ 12.08p
(don't recall seeing that at 15:30hrs last time I looked)